Consumer Spending

NRF Expects Holiday Spending to Return to Pre-Pandemic Growth Rate
NRF Expects Holiday Spending to Return to Pre-Pandemic Growth Rate
November 02, 2023  |  Retail

The National Retail Federation (NRF) forecasts record spending during the upcoming holiday season. Holiday spending during November and December will grow between 3% and 4% over 2022,...

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Target CEO: Stressed Consumers Trim Grocery Budgets
Target CEO: Stressed Consumers Trim Grocery Budgets
November 02, 2023  |  Retail

Target CEO Brian Cornell said the strain consumers are feeling has finally begun to impact grocery sales. Cornell said in an interview with CNBC Thursday...

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Continuing Unemployment Claims Creep Up As Layoffs Mount
Continuing Unemployment Claims Creep Up As Layoffs Mount
November 02, 2023  |  Economy

Jobless Americans might be having trouble finding work, according to new unemployment data. Figures released Thursday (Nov. 2) by the Labor Department showed that continuing jobless claims —...

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What Are the Best Tactics to Improve Credit Scores? 
What Are the Best Tactics to Improve Credit Scores? 
November 02, 2023  |  Consumer Finance

Generally speaking, the higher your credit score, the more favorable interest rates and terms you can benefit from when getting a loan.  The scoring model...

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Starbucks CEO Could Face Tough Questions Over ‘Re-Founding’
Starbucks CEO Could Face Tough Questions Over ‘Re-Founding’
November 01, 2023  |  Retail

The CEO of Starbucks could reportedly face tough questions from investors at the coffee chain’s upcoming meeting. This week marks Starbucks’ investor day, the first...

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Leading Subscription Services Allow Consumers to Come and Go
Leading Subscription Services Allow Consumers to Come and Go
October 31, 2023  |  Subscriptions

When it comes to gaining and maintaining customers in the competitive retail subscriptions space, PYMNTS Intelligence reveals, offering the ability for consumers to pause and...

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UK BNPL Use Jumps 10% Amid Cost-of-Living Crisis
UK BNPL Use Jumps 10% Amid Cost-of-Living Crisis
October 31, 2023  |  BNPL

England’s cost-of-living crisis has fueled a surge in buy now, pay later (BNPL) use. New research by the country’s Financial Conduct Authority (FCA) shows a 10% increase...

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Rewards Drive Higher Credit Card Use Among Boomers and Seniors
Rewards Drive Higher Credit Card Use Among Boomers and Seniors
October 31, 2023  |  Credit Cards

Baby boomers and seniors — consumers born before 1965 — were the first generations to have access to credit cards, back to the 1960s and...

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Consumers’ Love of Cash Back Offers Merchants Opportunity to Increase Store Card Use
Consumers’ Love of Cash Back Offers Merchants Opportunity to Increase Store Card Use
October 30, 2023  |  Loyalty & Rewards

For merchants looking to enhance customer engagement and maintain a competitive edge in a highly competitive market, loyalty programs are a vital asset. In fact,...

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